Fashion news and fashion jobs
BusinessMember
M&S records sharp earnings recovery in first half despite clothing challenges
UK retail group Marks & Spencer (M&S) has reported a sharp recovery in earnings for the first half of the financial year, supported by market share gains across its food and fashion businesses following the disruption caused by a cyber incident in the previous year. However, performance remained below the level recorded two years earlier, as...
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RetailMember
When retail loses footfall and relevance, brands must step in
The figures are clear. According to a forecast by the German Retail Federation (HDE), the number of brick and mortar retail stores in Germany will fall below 300,000 in 2026 for the first time since reunification – to around 296,600. At the end of 2015, there were still approximately 372,000. Nearly 80 percent of retailers report in an HDE...
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